Today, ASX's new capital raising facility ASX BookBuild, will be used for the first time by WAM Capital Limited.
This transaction is a placement for the listed investment company, WAM Capital Limited (WAM). The stock closed at $1.845 on Friday, and the capital raising is being opened today at $1.78 under the code WAMXBB. The capital raising is an undocumented offer and is available only to sophisticated and professional investors.
The rules and procedures governing the ASX BookBuild Facility have been approved by ASIC and Australian Government Treasury.
For more information on how to participate in this placement, see our website: (VIEW LINK)